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Strategx Elements Corp STRXF


Primary Symbol: C.STGX

StrategX Elements Corp. is a Canada-based exploration company. The Company is focused on the discovery of cobalt and associated energy transition metals in northern Canada. The Company’s property portfolio of over five stand-alone projects is situated on the East Arm of the Great Slave Lake, Northwest Territories and on the Melville Peninsula, Nunavut. The Company has a 100% interest in Project 939 and EA South Project located in the Northwest Territory, Canada. Project 939 and EA South Project comprise approximately 12 prospecting permits (93,821 hectares) and over 16 mining claims (12,638 hectares). The Company staked over 13 claims, approximately 9,646 hectares located adjacent and outside of the Mel Project in the Melville Peninsula region of Nunavut, Canada. Its projects also include Project NagVaak, Nunavut, Canada, and Project Mel, Nunavut, Canada.


CSE:STGX - Post by User

Strategx Elements Corp
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Post by brandonnon Feb 12, 2013 10:23am
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Post# 20974022

Strata-X closes $12.6-million IPO on ASX

Strata-X closes $12.6-million IPO on ASX

 

Strata-X closes $12.6-million IPO on ASX

2013-02-12 10:18 ET - News Release

 

Mr. Tim Hoops reports

STRATA-X ANNOUNCES UPDATE ON CAPITAL RAISING AND INITIAL PUBLIC OFFERING ON ASX

The offering associated with Strata-X Energy Ltd.'s dual listing on the Australian Securities Exchange has closed with approximately $12.6-million (Australian) in firm commitments. The final numbers are being tabulated and documentation processed, with a final tally expected by Feb. 15, 2013. The company's CHESS depositary interests (CDIs) will begin trading on the ASX once the ASX listing conditions have been satisfied. Each CDI represents one underlying share in Strata-X. The company's existing shares will continue to trade on the TSX Venture Exchange under the symbol SXE.

The initial public offering was lead managed by BBY Ltd. and Helmsec Global Capital Ltd. Bizzell Capital Partners Pty. Ltd. acted as financial adviser to Strata-X.

We seek Safe Harbor.

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Dealroom for high-potential pre-IPO opportunities